Ted Baker plc (TED) Earns “Hold” Rating from Peel Hunt

Peel Hunt restated their hold rating on shares of Ted Baker plc (LON:TED) in a report published on Tuesday morning. They currently have a GBX 2,750 ($36.16) price target on the stock.

Several other research firms have also weighed in on TED. Liberum Capital reissued a buy rating and set a GBX 3,100 ($40.76) price objective on shares of Ted Baker plc in a research note on Tuesday. Jefferies Group LLC raised their price objective on Ted Baker plc from GBX 2,820 ($37.08) to GBX 2,900 ($38.13) and gave the stock a buy rating in a research note on Wednesday, June 14th. Finally, Royal Bank Of Canada reissued an outperform rating and set a GBX 2,800 ($36.81) price objective on shares of Ted Baker plc in a research note on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. Ted Baker plc has a consensus rating of Buy and a consensus target price of GBX 2,994.17 ($39.37).

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In other news, insider Raymond Stuart Kelvin sold 62,527 shares of the stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of GBX 2,760 ($36.29), for a total value of £1,725,745.20 ($2,268,926.11).

Ted Baker plc Company Profile

Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches.

Analyst Recommendations for Ted Baker plc (LON:TED)

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